Announcement: Degital Future Will Support Ethereum London Hard Fork
Dear DF User:
According to Ethereum’s official plan, London Hard Fork is expected to take place at block height 12,965,000 [Estimated to be 19:55 (GMT+8) on August 5, 2021].
Degital Future will support the upcoming ETH London Hard Fork, henceforth it may result in possible situations, such as a new token being generated. To protect Degital Future users’ asset security from potential market volatility during the fork, Degital Future will make the following arrangements:
1. Suspension of Token Deposit and Withdrawal:
Degital Future will suspend Token deposit and withdrawal services on the ERC20 chain for ETH and other ERC20 tokens at 19:30 (GMT+8) on August 05, 2021. Please take necessary actions to settle your Token Deposit and Withdrawal business in advance. You will not be able to deposit or withdraw any token during the suspension.
2. Spot Trading
During the hard fork, Spot transactions for ETH and other ERC 20 Tokens will not be affected. However, there might be price volatility due to the hard fork. Please be cautious.
3. ETH Hard Fork
2 Possible Scenario upon the Reopening of Ethereum Main-Net:
Scenario 1: If there are no New Tokens generated after the hard fork, Degital Future will resume Deposit/Withdrawal Services for ETH and other ERC-20 Token as soon as possible.
Scenario 2: If New Tokens are generated after the hard fork, Degital Future will distribute the ETH from the chain with a higher hash rate to users. This will be based on the snapshot of users’ ETH positions at block height 12,965,000[Estimated to be 19:55 (GMT+8) on August 5, 2021]. Using the snapshot data, users will receive rewards based on their position. A separate announcement will be issued after the distribution.
If other circumstances arise, Degital Future will make further announcements.
[Disclaimer]
Digital currency is an innovative investment product, and the value of cryptocurrency assets are subject to large fluctuations. Users should note that buying and selling cryptocurrency assets carries inherent risks and are advised to carefully consider whether such trading is suitable for you given your financial resources, investment ability, experience, investment objectives, risk tolerance and other relevant circumstances.
By using DF, it means that you have read, understood and accepted all the contents of this disclaimer, and you fully understand the possible risks and agree to assume all the risks involved in using this product. Neither DF nor its representatives are liable for the losses and risks of any investment decisions that you make.
The DF team shall make every effort to select quality crypto currencies but makes no guarantees and is not liable for any losses or risks of any kind arising from your investment decisions.
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DF Global Team
August 05, 2021
